Wednesday, 28 June 2017

$15 million investment by Tekni- Plex

15 June 2017 | News

It represents the single largest recent investment by Tekni-Plex and reflects the growing needs of the Asia-Pacific pharmaceutical and medical device market.

Tekni-Plex, Inc. is announcing a $15 million investment in a new state-of-the-art manufacturing facility in Suzhou, China, near Shanghai. It represents the single largest recent investment by Tekni-Plex and reflects the growing needs of the Asia-Pacific pharmaceutical and medical device market. Production for some product lines has already begun.

Initially, more than 140,000-square-foot (13,000-square-meter) facility will manufacture products for Tekni-Plex’s Natvar, Colorite and Action Technology business units. The facility will feature three Class 100K cleanrooms to accommodate medical-grade tubing and components production plus one Class 10K cleanroom that will produce Natvar’s pharma-grade tubing.

The facility also will produce Natvar’s recently-announced silicone extrusion tubing for catheters, feeding tubes, drug delivery and peristaltic pump applications, as well as micro-extrusion tubing that targets a wide variety of demanding neurovascular interventional therapies and surgical applications. The facility will also manufacture Colorite custom compounds for medical device applications, and Action Technology’s dip tubes used in a wide variety of food/beverage, pharmaceutical, personal care, industrial and household pump applications.

Tekni-Plex is in the process of phasing out production at its existing facility in Suzhou that it has operated since 2005.

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